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CARIB | Nov 25, 2022

ECPF SCC-Value Fund continues profitability, announces continuation of share buyback policy

/ Our Today

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 Eppley Caribbean Property Fund Limited SCC – Value Fund (ECPF), the largest publicly listed real estate fund in the Caribbean, has delivered another year of record profitability to its shareholders.

Empire Shopping Centre.

For the year ended September 2022, ECPF’s net profit grew 65 per cent from the previous year to BDS$9.5 million. This follows the recent announcement of the increase in the dividend payment frequency.

Nicholas Scott, chairman of ECPF.

In commenting on the performance, Nicholas Scott, chairman of ECPF, said: “We are proud of the continued performance of the Fund, which illustrates our stability, resilience and capacity for growth. We remain focused on expanding our portfolio of high quality commercial real estate assets throughout the region. The strength of the Fund’s operations and quality of the underlying assets continue to support distributions to shareholders through dividends and share buybacks.”

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